Q: Pat et al. Thank you for your years of great advice. My question concerns BWX Technologies, trading under the symbol BWXT on the NYSE. Please assess for buy/sell or hold and the future of small modular reactors (SMRs). Thanks.

A: BWX Technologies Inc., $48.96, symbol BWXT on New York (Shares outstanding: 92.2 million; Market cap: $4.5 billion; www.bwxt.com), has three main reporting segments:

Nuclear Operations provides precision naval nuclear components, reactors and nuclear fuel for the U.S. Department of Energy/National Nuclear Security Administration’s Naval… Read More

Yum China hit by new lockdowns

YUM CHINA HOLDINGS INC. $60 is a buy. The company (New York symbol YUMC; Consumer Sector; Shares outstanding: 420.9 million; Market cap: $25.3 billion; Dividend yield: 0.8%; Takeover Target Rating: Medium; www.yumchina.com) is China’s largest fast-food operator, with over 11,000 outlets, mainly under the KFC and Pizza Hut banners.
On… Read More

Acquisitions should push them higher

So far, Henry Schein’s spinoff of Covetrus (its animal health business) has delivered mixed results for investors: the former parent is up over 25%, while the new firm is down roughly 50%. We still like the outlook for both companies, particularly as recent acquisitions position… Read More

These spinoffs are still going strong

On April 3, 2020, Raytheon Technologies Corp. (New York symbol RTX), formerly United Technologies (old symbol UTX), spun off its Otis (elevators) and Carrier (heating and air conditioning equipment) businesses. For each UTX share they held, investors received 0.5 of a share in Otis and… Read More